Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    383 Pitts School Rd Concord, NC 28027

    For Sale
    $799,000

    3.88 Acres, B-1 Zoning, High Visibility

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    This exceptional 3.88-acre commercial lot presents a prime development opportunity in Concord, NC. Strategically located near the intersection of Pitts School Road and Weddington Road, with convenient access to I-85 and Highway 29, this property boasts high visibility and excellent accessibility. The B-1 zoning allows for a diverse range of commercial uses, including office spaces, professional services, retail shops, and artisan studios, making it ideal for a variety of development projects. The property's location ensures proximity to established shopping centers and restaurants, providing immediate convenience for future tenants and customers. This site is particularly attractive due to its existing development plans, which include detailed architectural drawings and blueprints for three commercial buildings totaling approximately 27,000 square feet. These pre-existing plans significantly streamline the development process, reducing time and costs associated with design and permitting. The seller will provide these plans to qualified buyers. This is a rare opportunity to acquire a well-positioned, ready-to-develop commercial parcel in a thriving area of Concord. The property's size, zoning, and location combine to create a compelling investment prospect with significant potential for future growth and return. Don't miss this chance to secure a prime piece of Concord commercial real estate. Priced at $799,000.

    Property Features for 383 Pitts School Rd

    General Information

    Property type
    Other commercial real estate
    Lot Size
    169,013 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Concord
    County
    Cabarrus
    State
    North Carolina
    Longitude
    -80.68516
    Latitude
    35.38197

    Nearby Similar for Sale

    • $499,900
      0.21 Acres

      Concord Triplex: Historic Charm, Modern Living

      Unique triplex in historic Concord, NC with modern finishes.
      142 Academy Ave NW, Concord, NC 28025
      View Details
    • $549,900
      Pending

      New Concord Duplex with Garages

      New-construction duplex in Concord, NC, with garages and modern amenities.
      2810/2812 S Ridge Ave, Concord, NC 28025
      View Details
    • New
      $499,999
      0.28 Acres

      Triplex Investment Near Downtown Concord

      Triplex with strong rental history near downtown Concord's amenities.
      374 Union St S, Concord, NC 28025
      View Details
    • $1,100,000
      0.52 Acres

      Retail/Warehouse Space on Hwy 73

      11,488 SF retail/warehouse on 0.52 acres in Concord, NC.
      487 Corban Ave SE, Concord, NC 28025
      View Details
    • New
      $239,999
      Pending

      Income-Producing Property Near Highways

      Two units, strong rental income, convenient location near amenities.
      111 Crowell Dr NW, Concord, NC 28025
      View Details
    • $325,000
      0.25 Acres

      Commercial Space in Concord, NC

      Commercial space suitable for retail or service businesses.
      556 Newell St NW, Concord, NC 28025
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - 3.88 Acres, B-1 Zoning, High Visibility
    Where is this commercial real estate located?
    The property is located at 383 Pitts School Rd Concord, NC.
    What is the asking price?
    The asking price for this property is $799,000.
    (704) 234-7880
    Request Owner's contact information
    383 Pitts School Rd Concord, NC 28027
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    383 Pitts School Rd
    Concord, NC 28027
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    383 Pitts School Rd Concord, NC 28027
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.